VP Mohadi Hosts Investors Eyeing Matabeleland Projects

Vice President Kembo Mohadi met with international investors from MAEC 87 International to discuss potential economic development in the Matabeleland region. The government wants to improve business conditions and carefully evaluate investment proposals that could bring significant growth to Zimbabwe's southwestern provinces.

The investors presented plans for a Trans-Limpopo Corridor project stretching from Beitbridge to Victoria Falls. Mohadi invited representatives from Matabeleland South, Bulawayo Metropolitan, and Matabeleland North to discuss the potential funding opportunities. The proposed investment includes a loan and grant that could benefit multiple provinces and create broader economic opportunities for the country.

As part of Zimbabwe's Vision 2030 economic transformation strategy, the government is exploring ways to unlock economic potential between Zimbabwe and South Africa. The Trans-Limpopo Spatial Development Corridor represents a key initiative to improve regional economic cooperation and people's livelihoods.

Mohadi suggested that the investment proposals require further analysis. He asked the Reserve Bank Governor to work with the investors to determine the most appropriate legal approach to the potential funding. The investors presented their proposal to key government representatives, including provincial ministers and banking officials.

The meeting highlighted Zimbabwe's commitment to attracting international investment and developing infrastructure that could drive economic growth. Matabeleland's three provinces stand to benefit directly from the proposed project, with potential wider economic impacts for the entire country. The government remains cautious but optimistic about the investment opportunities presented by the MAEC 87 International delegation.
 

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